What just happened?
As the COVID-19 pandemic wreaks havoc on the global economy, public debt in emerging markets has surged to levels not seen in the last 50 years. As a result, the developing world is facing a wave of government bankruptcies.
Property Mayhem! Is the Commercial Real Estate Sector Hanging by a Thread?
V for ‘Victory’ or ‘Vain’ hope?
What just happened?
The economic activity in the United Kingdom and all over the world has declined drastically amid the global health emergency caused by coronavirus. Andrew Bailey, the Bank of England (BOE) governor, has stated that there would be a V-shaped recovery of the economy as Britain would bounce back faster than from the 2008 global financial crisis.
The COVID-19 – The Surge of Cyberattacks Amid the Global Pandemic
The COVID-19: Heading towards a 'No-Deal' Brexit?
The “Brexit Stalemate”: My Fish My Rules!
The COVID-19: Art of the 'Currency Wars'
What just happened?
The COVID-19 outbreak is affecting 210 countries and territories around the world and two international conveyances. The pandemic has resulted in a global economic shock as the world’s largest economies are divided by trade disputes. There has been a dramatic fall in global stock prices and bond yields. The disruption in the economy is likely to result in a recession, which will potentially result in a currency war between the countries.
The COVID-19: Locust Swarm and its impact on infrastructure in emerging markets
Crash Landing: The Fate of the Airline Industry Post COVID-19
Age of AI – The legal implications of the EU’s establishment of Guidelines for Ethical AI
Cath Kidston prepared to file for administration – High Street retailers being hit hard by the COVID-19 pandemic
The COVID-19 [IISD Commentary]: Investor-State Claims Post COVID 19 Pandemic
![The COVID-19 [IISD Commentary]: Investor-State Claims Post COVID 19 Pandemic](https://images.squarespace-cdn.com/content/v1/5e909fd4395f0523b82e9958/1587227609864-GOZRKZ08LCTFIMWAVC6P/Guest+-+IISD+-+International+Arbitration+Disputes.jpg)
Retail therapy and the decline of physical stores
What is happening
The decline of the retail industry is perhaps best illustrated through the fact that one in ten town centre stores are now closed across the UK. From November to December 2019, the sector saw a 0.9% fall in sales. This decline was partly driven by online sales rising by 2.6% in the same period[1]. The modern ease of connecting goods or services to clients has led to the decline of retail stores.
